Friends,
Last February 01st, our predictive analysis and forecasting offered a potential price action, seeing first TG-1 = 3.158 as a potential support, then 3.288 as resistance, and finally, eyeing 2.999 as an abysmal low-target, defined as "TG-Low = 2.999 - 01 FEB 2014.
What ensued was nothing shorter than a perfect adherence to the anticipated price action - Following are the three prior analysis starting from the original predictive analysis and forecasting:
1 - Copper: Original predictive analysis and forecast:
-
2 - Copper: Price reverses above 3.158 floor:
-
3 - Copper: Upper resistance hit dead-on:
-
At this point, expect a relief rally in price at a potential 50% resistance to 3.209.
OVERALL:
Predictive analysis and forecasting generated on 01 FEB 2014 was followed remarkably close by ensuing price action, hitting target TG-Low = 2.999 - 01 FEB 2014 dead-on. A relief rally is anticipated up to 0.50-Fib level. System's directional signal remains bearish, but trader's directional bias turned "Neutral" based on recent and anticipated technical events just described.
David Alcindor
TradingView.com Moderator, Alias: 4xForecaster
Predictive Analysis & Market Forecasting
PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor.
-----------------------------------------------------
Get signals, analyses and forecasts on Twitter
Alias: @4xForecaster
-----------------------------------------------------
Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster
Last February 01st, our predictive analysis and forecasting offered a potential price action, seeing first TG-1 = 3.158 as a potential support, then 3.288 as resistance, and finally, eyeing 2.999 as an abysmal low-target, defined as "TG-Low = 2.999 - 01 FEB 2014.
What ensued was nothing shorter than a perfect adherence to the anticipated price action - Following are the three prior analysis starting from the original predictive analysis and forecasting:
1 - Copper: Original predictive analysis and forecast:
-
2 - Copper: Price reverses above 3.158 floor:
-
3 - Copper: Upper resistance hit dead-on:
-
At this point, expect a relief rally in price at a potential 50% resistance to 3.209.
OVERALL:
Predictive analysis and forecasting generated on 01 FEB 2014 was followed remarkably close by ensuing price action, hitting target TG-Low = 2.999 - 01 FEB 2014 dead-on. A relief rally is anticipated up to 0.50-Fib level. System's directional signal remains bearish, but trader's directional bias turned "Neutral" based on recent and anticipated technical events just described.
David Alcindor
TradingView.com Moderator, Alias: 4xForecaster
Predictive Analysis & Market Forecasting
PS: If you liked the analysis, feel free to give it a "Thumb Up" and pass of a friendly referral to friends interested in occult market mathematics and hidden geometries. All targets generated are defined by non-price means, and confirmed by either proprietary patterns (Euclid, Janus, Great White, Deep Shark), or other well known patterns. However, we concentrate mainly on Shark, 5-0 and occasional Bats, to complement our predictive analysis and forecasting - Cheers, David Alcindor.
-----------------------------------------------------
Get signals, analyses and forecasts on Twitter
Alias: @4xForecaster
-----------------------------------------------------
Disclaimer: Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster